PGE plans $1B investment in gas and wind

| Print |  Email
Must Reads
Tuesday, June 04, 2013

Portland General Electric unveiled plans to invest $1 billion in a new gas fired power plant and a new wind farm.

Demand for electricity is growing slowly in the Northwest, and the region's grand plan is meet most demand growth in the next two decades with energy efficiency and conservation measures.

The result for ratepayers is likely to be a string of rate increases for the foreseeable future. PGE, which serves more than 800,000 customers in the state, is seeking a 6 percent rate increase – 9 percent for residential customers. The utility has yet to outline how its resource additions will affect electricity rates, but chief executive Jim Piro acknowledged the company is likely to file for increases in 2014, 2015 and 2016 as the new resources come on line.

Read more at OregonLive.com.

{biztweet}pge{/biztweet}

 

More Articles

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

The 100 Best Companies to Work For in Oregon

March 2015
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees. 


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

All Rise

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Don’t just sit there. For a healthy workplace, move up and down — and all around.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS